Reinsurance Strategy Expert

1 day ago


London, Greater London, United Kingdom Allianz Popular SL. Full time
Job Description

As a Senior Reinsurance Expert at Allianz Popular SL, you will play a critical role in shaping the reinsurance strategy and driving its implementation. Your expertise will ensure the overall success of reinsurance activities within Allianz Commercial.

Key Responsibilities:

  • Reporting to the Head of Treaty Reinsurance, you will lead and oversee the management and coordination of reinsurance purchasing within Allianz Commercial for Long Tail lines.
  • You will shape the reinsurance strategy and drive its implementation, as well as coordinate and attend regular meetings with reinsurers and brokers throughout the year.
  • The position requires managing the renewal process in time and scope, including all correspondence with external partners on topics related to treaties, cash flow, claims, and more.
  • Collecting all relevant information from various departments, maintaining and updating the treaty master list/database, and ensuring timely and correct setup and updating of overview sheets are key responsibilities.

Requirements:

  • A university degree in Mathematics, Finance, Business Administration, Law, or another area that involves a strong focus on quantitative analysis.
  • Expert knowledge of reinsurance instruments, underlying business, and actuarial/risk capital requirements is essential.
  • A technical and practical background in one industrial insurance Line of Business (LoB), along with a general understanding of all major LoBs and a robust understanding of actuarial principles and practices.
  • Advanced contract drafting and interpretation skills are required, as well as strong skills in evaluating the risk-reward effects of reinsurance.

Salary: €120,000 - €150,000 per annum, depending on experience.



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